Today’s news features China Overseas Land reporting a 110 percent rise in third quarter operating profit thanks in part to China’s hot housing market. Additionally, Singapore recorded an 8.8 percent increase in home sales while mainland homebuyers looking to avoid… Read More>>
As the mainland gets back to work after the golden week holiday, Hong Kong and Singapore dominate the real estate headlines, with home prices in Hong Kong expected to rise next year after a brief dip. In Singapore, home prices… Read More>>
Hong Kong developers are offering mortgages up to 120 percent of the value of a property with attractive borrowing rates in a bid to boost sales, though some including the Hong Kong Monetary Authority (HKMA) believe this scheme will keep… Read More>>
China’s richest man has upped his offer to buy back the Hong Kong-listed shares in Dalian Wanda Commercial property, plus Hong Kong home priced bounced back in April while credit agencies sound warnings over recent mainland site pricing and the… Read More>>
Hong Kong home prices fell the most in seven years in November, and look to be headed down further. But if you’re the city’s biggest billionaire, this isn’t a major issue. Meanwhile JP Morgan’s Ryan Li gives the mainland government… Read More>>
One of Hong Kong’s most senior property brokers expects housing prices to drop more than 30 percent in the next two years, and for the market to continue to slide as new supply floods the market.
In an interview with… Read More>>